Abia Govt reveals how Abiapoly bursar is frustrating release of N450 million to institution

Government Special Announcement

Government has observed with dismay the refusal and or negligence on the part of the bursar of Abia State Polytechnic,  Aba to open a Treasury Single Account for all inflow of financial payments  into the coffers of the Institution  as directed by Government. 

It will be recalled that the opening of a TSA inflow account with a reputable Bank is a precondition for the release of the 450 million Naira which Government has approved  to kick-start the process of offsetting all salary arrears owed to it’s staff. 

The benefit of a Treasury Single Account is  to ensure transparency and accountability in expenditure and  help to minimize revenue leakages that have been a major challenge to the growth and development of the Abia State Polytechnic,  Aba.

Government,  therefore, hereby directs the Bursar of the Abia State Polytechnic Aba to open that account within 24 Hours or risk immediate suspension from office as his refusal and or negligence is delaying the remittance of the 450 million and other funds meant for the Polytechnic. 

Signed,

Barr Eze Chikamnayo
Honourable Commissioner for Information and Strategy
Abia State